Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Summary:
The Alternative Investment Technical Specialist associate will provide support to Alternative Investment Specialists as well as Financial Advisors on suite of hedge fund products in order to drive utilization of those products. The associate will assist in the coordination of all custom alternative investments proposals, as well as internal collateral, related to hedge fund investing.
Responsible for delivering customized, client-approved portfolio analyses in defined timeframe with high degree of detail and specificity.
Maintain and update ongoing pipeline of sales opportunities across strategies, and track sales related to those opportunities.
Manage ongoing collateral to report on performance and updates to hedge fund strategies and platform.
Partner with AI Technical Specialists on aspects of portfolio construction, manager selection, product design, and fund terms.
Participate in meetings with third-party hedge fund management firms to build knowledge base around investment concepts and strategies.
Qualifications:
2+ years’ experience in financial services
Hold or attain Series 7 and 66 licenses within 120 days of hire
Knowledge of alternative investments
Understanding of the wealth management industry
Team player with the ability to work effectively in a team or independently.
Ability to represent the firm professionally with internal and external contacts
The ideal candidate should be highly motivated and organized
Proficient in Microsoft Office Suite
Desired Qualifications:
Bachelor's Degree
Skills:
Shift:
1st shift (United States of America)Hours Per Week:
40Learn more about this role
Full time
JR-25013731
Manages People: No
Travel: Yes, 5% of the time
New York pay range:
$81,000.00 - $111,300.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
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